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Did anyone read this months Newsletter? [img] Statement from CEO, Kimberly Carlson:
As we navigate through June, our journey of transformation and growth continues to bear fruit. Our commitment to upholding shareholder value, a theme reiterated in our previous communications, is once again evidenced this month. Not only have we refrained from issuing any new shares since September of 2023, but our actions towards enhancing stock liquidity and maintaining market stability have been robust and effective. Our focused determination is paying off as we pursue grant and government contract funding in an effort to reduce the debt and dilution associated with loans and investment funding. We continue to consider options that may positively impact market cap and shareholder value while staying true to the growth of the company goals and vision.
Stock Ownership and Stability:
This month, our Board Director, Donald Steinberg, demonstrated his faith in our future by acquiring 5 million shares (over 12% of the outstanding shares) from an affiliate, reinforcing his commitment to our long-term success. This transaction not only bolsters shareholder confidence but also reduces potential market volatility by decreasing the affiliate shares in circulation.
Furthermore, with nearly 1 million shares traded in the first eight days of June alone, we are seeing days with a significant uptick in trading activity. This increased volume underscores a growing interest and trust in our strategic direction.
Strategic Initiatives and Consultant Introduction Our focus on securing grant funding and government contracts as alternative financing sources continues to gain momentum. With the expertise of our newly appointed consultant, Mr. Robert Mucci, we have successfully pitched for an NSF grant and were approved to submit a full proposal which we are diligently preparing. Our designation as a woman-owned small business also positions us advantageously in these endeavors, allowing us to leverage additional opportunities to minimize debt and prevent share dilution.
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Introducing Robert Mucci, MPA
Robert Mucci, the newest consultant brought on to Mushrooms Inc for the pursuit of grants and other alternative funding, is a 1973 graduate of the University of Michigan with a Bachelor of Science concentration in Natural Resources. He received a Master of Public Administration from the University of Utah in 1983. Mr. Mucci has worked in the public and private sector at a variety of positions including working as a Public Utilities Economist for the Department of Energy and working for the United States Attorney’s Office, District of Utah. He has owned businesses with his wife and formally worked for SSA Marine Terminals.
Mr. Mucci has been a Business Counselor and Analyst with Apex Accelerators (formerly the Arizona Procurement Technical Assistance Center) for over 7 years covering Southern Arizona. He is considered a subject matter expert for Small Business Innovative Research grants, Department of Defense grants and Federal procurement solicitations. He has assisted clients with Federal procurement questions, bid preparation, SBIR and STTR applications with a past history of success in clients receiving Phase I and II awards of over $8.5 million dollars.
Looking Ahead
The sale of 5 million shares by an affiliate, while significant, also paves the way for future strategic flexibility. This leaves just over 2 million shares in this past affiliate’s holdings.
June reflects a pivotal period of consolidation and forward-thinking strategies that are aligned with our core mission to innovate and lead in our industry. Our approach is calculated, mindful of the broader economic impacts, and geared towards a sustainable growth trajectory that benefits all stakeholders involved.
As always, your trust and investment in Mushrooms Inc. fuels our endeavors. We are committed to maintaining transparency, advancing our technological and financial initiatives, and ensuring that our actions today lay a robust foundation for the future. [/img]
i got these 50k for sale just now...of the 52k traded...am I alone here :)...alright
I snagged another little chunk here just because
I spoke too soon... as soon as I said that it dropped to .025 from .031
Also nice to see the bid higher then the last trade price
great---------i have added too--next month baring a huge rise in pps i will top the million shares --should be 5 ccents a sh now!--anybody else out there that want to help our total here---i thought we had alot more support out there!!--------tmonkey
MSRM Up on nicely on 90K. Add those to your total
cant believe there are not more people out there with a position here-----come on and help our total------tmonkey
Mushroom, Inc has put out their June newsletter. Appears that they brought on Robert Mucci, MPA to go after grant money and have some in the works.
https://www.mushroomsinc.com/_files/ugd/0a48e8_ac70e723cfe447fc935a8601a5e56f15.pdf
Just a gut feeling I don't think he sold any, but yea id rather not speculate on if he did or not. Either way we have a strong group here
maybe he did sell--- he is pretty silent---but up to him if he wants to join the count--tmonkey
If BB hasn't sold any he has over a million as well. But curious if he's sold any too
thanks palm--every share counts---im surprised more holders are not helping with the count here---BB --if you still hold any here help us out--and anyone else big time or small!!-----tmonkey
Will pay off in the long run. I'm optimistic we will hear news that the patent is approved by year end. Probably more developments before then. You're in the right place but this will take some time to come to fruition
Anyone following Mushroomsforhealth on Instagram? They posted today
Small holder I have 40K
hope more come in with holdings here-would be nice to see how much is really bt up----tmonkey
Yea we have a good portion of the float for sure
thanks sjam---it is beginning to look like we larger holders have a good % of the float---lets see if others will add to the total----tmonkey
I have over 1M
if you got 800k and bb has more than that--i have 600k--and still adding!---a good piece of the float with just us 3-----bb what do you got ??and any other big holders maybe want to chime in with their holdings to get a take on just how much of the float is spoken for---hope other holders report in------tmonkey
Low float and love this company
Even I HUB news are faster than OTC markets...got released here 1:32pm::
06/05/2024 1:32PM InvestorsHub NewsWire Mushrooms Inc. (OTC: MSRM) Announces Significant Share Buy Back by the Board Director and New Strategic Initiatives. USOTC:MSRM Mushrooms Inc (PK)
03/05/2024 9:00AM InvestorsHub NewsWire Mushrooms Inc. (OTC:MSRM) Launches New Health Supplements, Progresses with German Partnership, and Boosts Engagement Initiatives. USOTC:MSRM Mushrooms Inc (PK)
10/18/2023 8:00AM InvestorsHub NewsWire Mushrooms Inc (OTC:MSRM) Announces Full Patent Filing for Groundbreaking Mycelium Technology Providing Bacterial Detection and Nutrient Delivery. USOTC:MSRM Mushrooms Inc (PK)
08/23/2023 9:00AM InvestorsHub NewsWire Mushrooms, Inc. (OTC: MSRM) Announces Diverse Business Development Team Assembled to Drive Company Growth. USOTC:MSRM Mushrooms Inc (PK)
08/08/2023 8:00AM InvestorsHub NewsWire Mushrooms, Inc. (OTC: MSRM) is Poised for Textile Innovation and Global Impact as Full Patent Filing for Mycelium Thread Nears Completion. USOTC:MSRM Mushrooms Inc (PK)
I used to be subscribed. Not sure what happened
They should...but I just bought some more (still have prob less shares here than you, right now 800K - I think its worth it)
Nice they should put this out earlier in the day ugh
Suscribe on M. Inc. home page bottom to receive e mail updates. Got it by email. They send out updates to subscribers just around the same time its submitted to OTC...so there you'll see it tomorrow or friday
That's good news.
Where did you see that? I don't see it anywhere
Share Buy Back of ~15% of OS by director...that is very big news (prob from a former affiliate pre_Mushrooms Inc, affiliate who tended to sell them leading to the low volume downward pressure)
Mushrooms Inc. (OTC: MSRM) Announces Significant Share Buy Buy Back by the Board Director and New Strategic Initiatives.
Estero, FL - June 5, 2024 – Mushrooms Inc. (OTC: MSRM), a leading innovator in biotechnology and sustainable healthcare solutions using mushrooms and mycelium, is pleased to announce that our board director has purchased 5 million shares of stock from an affiliate.
There were no loans or costs to the company for this transaction. The director has allocated this stock for use in advancing the company’s strategic initiatives, thereby preventing further dilution.
“Our director’s purchase of these shares is a major accomplishment in positioning Mushrooms Inc. for future growth and success,” said Kimberly Carlson, CEO of Mushrooms Inc. “This move is a win for our shareholders, who have shown steadfast support despite stock fluctuations. It underscores our commitment to leveraging our resources effectively to drive the company forward.”
Donald Steinberg, Board Director says “I feel that by purchasing shares from this affiliate will reduce the amount of shares being sold into the market each quarter which was having a negative effect on shareholder value. I intend to use these shares for necessary issuances to new people as they come on board to help the company move ahead”.
Strategic Use of Shares
The director is committed to utilizing the acquired shares to support moving the company forward and continuing the trend of non-dilution which the company has upheld since September of 2023.
Upcoming Shipment and Innovation
In addition to this significant transaction, Mushrooms Inc. is proud to announce the development and upcoming shipment of mycelium-based materials to the research team in Germany, in late July or early August. This shipment marks the first step in the development of our innovative bacterial detection bandage. This groundbreaking product highlights our dedication to creating sustainable healthcare solutions and advancing global health.
I actually don't like it when companies post that news is coming. Usually is lack-luster news but hopefully this one will be meaningful and can give us some momentum
Nice day ahead of this upcoming news
I email some questions yesterday about getting an update on the healthcare stuff. I hope that they put out info on that.
They tweeted that "news/updates coming this week"
Yea great morning so far
This certainly deserves to be jacked up to 3/4/5 cents even before the next developments trickle in. But I am paitent
Nice volume buys on open and someone has a nice size bid out there
Nice volume. Even though this is an investment for the long run, and a play mid term (see spike to 15 cents from exactly the level right now) I still hope for a short term response to an update from management or even just a nice spike absent a trigger
Outstanding Shares 39,435,760 05/30/2024
Restricted 29,947,587 05/30/2024
Unrestricted 9,488,173 05/30/2024
Ain't that the truth
looks like no matter what we buy the insider sellers have more to dump!!-----sub .10 ill be buying more if they take it that low---got a nice position now and am long term----- t monkey
Yes, and all issues are being responsibly worked on along the lines of her recent reflection:
https://www.mushroomsinc.com/post/embracing-the-road-less-traveled-mushrooms-inc-s-journey-as-a-public-start-up
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